Friday, June 12, 2009

Mamis Model Review

The Justin Mamis model is intact. The range for the near-term high is 95 to 102, so even another leg up from here would not be too odd.

Moving averages are intact, but no question, this rally is due for a pull back. Cobra has a chart that shows multiple bearish divergences: Chart is Here.

How lucky do you feel?

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